Economy

Laos Formalizes Shanghai Cooperation Organization Dialogue Partner Status

Laos has strengthened its regional ties after formally confirming its status as a Dialogue Partner of the Shanghai Cooperation Organization (SCO), signing an agreement with the organization in Beijing on 10 July. The agreement puts into effect a decision made by SCO leaders during their summit in Tianjin, China, on...

Global Financial Bodies Warns of Slower Growth, Higher Inflation for Laos in 2026

Laos' economy is expected to continue expanding this year, even as slower growth and...

Railway Expansion, Education Reform Among Key Issues at National Assembly

Expanding the railway to southern Laos, rolling out a new school system, reducing poverty,...

Laos Collects USD 12 Million in Digital Taxes From Global Tech Companies

Laos has collected approximately USD 12 million in digital taxes from global technology companies...

Laos Agricultural, Forestry Exports Top USD 1 Billion in First Half of 2026

Laos earned more than USD 1 billion from agriculture and forestry exports in the...

UNFPA Organizes Hackathon for Young Lao Innovators

UNFPA, in partnership with the Faculty of Education, National University of Laos, Lao People’s Revolutionary Youth Union (LYU), and Global Shapers, brought together young...

LOCA launches LOCA PAY Enabling QR Code payment via Credit Card

Loca launched a new product "Loca Pay" on 16 December 2022, with a new goal to be a convenient and safe digital payment intermediary...

Remittances an Important Source of Income for Laos Economy

Remittances have been increasingly recognized as an important source of income in Laos, particularly this year, as the country faces increased challenges from high...

Lao PM Participates in the First EU-ASEAN Commemorative Summit

The Prime Minister of Laos attended the summit to celebrate the 45th anniversary of ASEAN-European Union (ASEAN-EU) relations on Wednesday in Brussels, Belgium, under...

Most Children in Vientiane Want to Become Doctors or Nurses

According to a recent survey, most children in the country's capital city aspire to be doctors or nurses when they grow up. A survey conducted...

ADB Lowers GDP Growth for Asia in Latest Forecast

A worsening global condition and the prolonged Ukraine war are two of the most important factors for this recent economic prediction. In September, the...